Tag: US Incomes

Canada’s Gap Between Real Estate Prices and Incomes Looks Ridiculous Beside US Data

December 22, 2021

Canadian and American real estate prices are both at frothy valuations, but look nothing alike. US Federal Reserve (The Fed) data shows home prices grew faster than incomes in Q2 2021 for both countries. The difference is, this has been a long-term trend for Canada since 2005. Meanwhile in the US, home prices have only […]

Canada | US

Canadian Home Prices Have Grown Much More Than In The U.S., But Incomes Haven’t

May 7, 2021

Canadian home prices grew much faster than American home prices, but did incomes? In Canada, home prices have grown at a rate more than double that seen in the United States. However, disposable incomes over the same period grew at basically the same rate. Let’s take a dive into how shelter costs evolved in the […]